Investment Test Drive

DRNYX Dreyfus NY Tax-Exempt Bond

2 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Fund DRNYX Dreyfus NY Tax-Exempt Bond VNYTX Vanguard NY Long-Term Tax-Exempt Inv USNYX USAA NY Bond  
100% 99% 98%
Annual Fees
(0.73% Exp. Ratio)
(0.20% Exp. Ratio)
(0.66% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.09% annual return
$14,914.74 $17,498.11 $15,233.50
Est. savings over 30 yrs +$2,583.37 +$318.76
As of 12/31/16
1 YR RETURN -0.06%
3 YR 4.11%
5 YR 2.73%
10 YR 3.61%
1 YR RETURN 0.53%
3 YR 5.08%
5 YR 3.79%
10 YR 4.09%
1 YR RETURN 0.34%
3 YR 4.39%
5 YR 3.39%
10 YR 3.99%
The investment seeks as high a level of current income exempt from federal, New York state and New York city income taxes as is consistent with the preservation of capital. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal, New York state and New York city income taxes. It may invest up to 20% of its assets in municipal bonds rated below investment grade ("high yield" or "junk" bonds) or the unrated equivalent as determined by the Dreyfus Corporation. The fund is non-diversified.
The investment seeks to provide current income that is exempt from both federal and New York personal income taxes. The fund invests primarily in high-quality municipal bonds issued by New York state and local governments, as well as by regional governmental and public financing authorities. It invests at least 80% of its assets will be invested in securities whose income is exempt from federal and New York state taxes. Although the fund has no limitations on the maturities of individual securities, its dollar-weighted average maturity is expected to be between 10 and 25 years. It is non-diversified.
The investment seeks to provide a high level of current interest income that is exempt from federal income tax and New York State and New York City personal income taxes. The fund invests primarily in long-term investment-grade securities issued by the state of New York, its political subdivisions, municipalities and public authorities, instrumentalities, and by other government entities. At least 80% of the fund's net assets will consist of New York tax-exempt securities. The fund's dollar-weighted average portfolio maturity is not restricted, but is expected to be greater than 10 years.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


Your Feedback has been sent successfully!